Jerome Powell signals more Fed hikes coming, leaves out details this time - Moneycontrol

“While another unusually large increase could be appropriate at our next meeting, that is a decision that will depend on the data,” Powell said. “The labor market is extremely tight, and inflation is much too high.”

Jerome Powell said the Federal Reserve will press on with the steepest tightening in a generation to curb inflation while giving officials more flexibility on coming moves amid signs of a broadening … [+4097 chars]

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